Australia Finance

Jun 11 2017

Home Owner Loans #secured #loan

#refinance loans

MassHousing Refinance Loans

Refinancing your mortgage through MassHousing can save you money and reduce the risk of high payments in the future.

MassHousing Refinance loans offer a number of benefits:

  • 30-year terms
  • Fixed interest rates, meaning your payment will always remain the same
  • Mortgage Insurance with MI Plus mortgage payment protection
  • Loans serviced by MassHousing, so you’ll know who to call with questions or concerns

Income Limits and Other Restrictions

  • Borrowers must meet income limits. which vary by community
  • Loans may be used to refinance mortgages on condominiums and 1- to 4-family homes

How to Apply

MassHousing Refinance Loans are originated by participating lenders. For more information or to apply, contact a participating lender .

DU Refi Plus for Existing MassHousing Borrowers

DU Refi Plus is a Fannie Mae, no-cash-out refinance program offering reduced verification and documentation. MassHousing is making DU Refi Plus available to existing MassHousing borrowers who have a conventional first mortgage sold to and owned by Fannie Mae on or before June 1, 2009. Borrowers must meet income limits. which vary by community.

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